Disclosure Statement

At Zensurance, we work hard to find you the best coverage at a competitive price. Zensurance is a brokerage that believes in a simple and transparent process for our clients. Because of this, we would like to disclose how our brokerage gets compensated by you, our client.

Brokerage compensation is part of your insurance premium. For your benefit, we have listed the Insurers that we represent and have included the range of compensation each provides as a percentage of your overall premium that appears on you invoice.

An affiliate of The Travelers Companies, Inc. is one of our investors. The Dominion of Canada General Insurance Company, St. Paul Fire and Marine Insurance Company (Canada Branch) and Travelers Insurance Company of Canada are the Canadian licensed insurers affiliated with The Travelers Companies, Inc.

A client fee may be negotiated for placement of insurance coverage for certain products and services. All fees will be outlined in the client proposal and approved by the client prior to the placement of the policy. On occasion, we may receive both commission and client-paid fees for placing insurance, which will be disclosed by Zensurance and approved in writing by our clients before placement of the policy.

If you have any additional questions regarding the compensation structure of Zensurance please don’t hesitate to contact at 1-888-654-6030.

Zensurance Brokers Inc

Contracted Insurers- Range of Commission Payable ( % of premiums )
By Major Insurers and line of Business as of June 2018

Intact Insurance Company of Canada202012.520no
Portage Mutual202012.520no
Chubb Insurance Company of Canada10-15N/AN/AN/Ano
Liberty Mutual10-22.510-22.5N/AN/Ano
The Guarantee Company of North America10-2010-20N/AN/Ano
ABEX Affiliated Brokers Exchange10-3010-30N/A10-30no
A.M. Fredericks Underwriting Management10-3010-30N/A10-30no
Beazley Canada10-3010-30N/A10-30yes
Burns & Wilcox Canada10-3010-30N/A10-30no
CFC Underwriting10-3010-30N/A10-30no
Encon Group10-3010-30N/A10-30no
The Guarantee Company of North America10-3010-30N/A10-30no
K&K Insurance Canada10-3010-30N/A10-30no
Linx Underwriting Solutions10-3010-30N/A10-30no
Markel Canada Limited10-3010-30N/A10-30yes
Premier Canada10-3010-30N/A10-30no
Risk-Can Underwriting Managers10-3010-30N/A10-30no
Special Risk Insurance Managers10-3010-30N/A10-30no
South Western Insurance Group10-3010-30N/A10-30no
Trinity Underwriting Managers10-3010-30N/A10-30no

* Contingency profits are based on the quality of the business we write over a multi-year period. This ensures we are focused on writing good quality business.

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